Saturday, 13 July 2013

MAGIKAL ENTERTAINMENT DROPS COCOICE

The management of MAGiKAL
Entertainment wishes to inform the general public that it has decided to
terminate the management contract it has with Nigerian rap act Mojisola
Serah Sowole aka Cocolce due to some irreconcilable differences.

Without going into
full details, we decided to terminate the contract since the act has reneged on
some of the terms of the initial agreement (both written and verbal)
which has led our organization to incur so much loss running into millions of
Naira.

Our investigation has
shown that the artiste went ahead to sign a recording contract deal with a
record label without our knowledge, a move that was contrary to the
"gentleman's" agreement we had with her on the issue of record label
deals.

For close to a year, MAGiKAL
Entertainment invested heavily in her, promoted the rap artiste songs ("If
U Don't Know (video), "It's Me" and "Rock Me") and
actually shot one of the best music videos in Nigeria for her ("It's
Me"), and built her into a household name.

Her action was a
complete betrayal of trust. We therefore wish to use this opportunity to thank
all the members of the industry especially our colleagues in the media for all
their support while this partnership lasted.

We wish her all the
best in her future endeavour while we try to lick our wounds occasioned by this
betrayal of trust.

This press release
became necessary to put the records straight and also because of various calls
and enquiries we've been receiving in recent weeks.